Transport 
Better Place electric vehicle company raises $350m(0)
Two years after announcing its first car partnership and its first country deployment in Israel, Better Place today announced that it has signed an agreement with an HSBC-led investor consortium for new equity financing of $350 million. The deal marks one of the largest clean-tech investments in history and values Better Place at $1.25 billion.The […]
Solar plane makes maiden flight
Swiss adventurer Bertrand Piccard has taken a prototype of Switzerland’s Solar Impulse aircraft on its first test flight. In the trial, a test pilot took the aircraft up to take off speed, just one metre off the ground for a distance of 350 metres at the Dübendorf airfield near Zurich. But Piccard has big ambitions […]
Lotus develops biofuel hybrid engine
Lotus Engineering, the engineering arm of the iconic British sports car maker, has announced a collaboration with Queen ’s University Belfast and Jaguar Cars Ltd to develop an engine which maximises fuel efficiency when running on renewable fuels. The OMNIVORE concept will employ novel engine architecture to achieve a high thermal efficiency when fuelled on […]
Google invests in electric car Aptera
If you thought green tech was shaping up as the next dot com, then this investment seems to confirm it. Aptera Motors, the California based electric car start-up, has secured funding from Google.org on Tuesday this week and sealed a $24 million series C financing round by Thursday.
Aptera, which plans to use the capital for […]